Tamboran investor Helmerich & Payne is drilling the 2-mile laterals, while fellow investor Liberty Energy has a frac fleet en route to complete the wells, Tamboran Resources reported.
For the upcoming week, Stratas Advisors expects that oil prices will move upwards but that the price of Brent crude will not break through $82 without some additional geopolitical disruption.
Oando’s acquisition of NAOC increases its total reserves by 98%.
For the upcoming week, Stratas Advisors are expecting that oil prices will move sideways with the positive factors being offset by the negative factors.
Tamboran investor Helmerich & Payne is drilling the 2-mile laterals, while fellow investor Liberty Energy has a frac fleet en route to complete the wells, Tamboran Resources reported.
More than half of Libya's oil production, or about 700,000 bbl/d, was offline on Aug. 29 and exports were halted at several ports as a standoff between rival political factions over the central bank and oil revenue threatens to end a four-year period of relative peace.
Equinor's head of international operations said it may not be as attractive to invest in the British oil and gas sector if taxation of oil companies changes.
The Commodity Futures Trading Commission found that the company in March 2018 flooded the market for physical EBOB benchmark gasoline at cut-rate prices while maintaining a large short-position betting that EBOB futures would fall in value.
For the upcoming week, Stratas Advisors expects that oil prices will move upwards but that the price of Brent crude will not break through $82 without some additional geopolitical disruption.
Oando’s acquisition of NAOC increases its total reserves by 98%.
OPEC and other producers including Russia, known as OPEC+, have implemented a series of output cuts since late 2022 to support the market.
U.S. employers added far fewer jobs than originally reported in the year through March, the Labor Department said on Aug. 21.
For the upcoming week, Stratas Advisors are expecting that oil prices will move sideways with the positive factors being offset by the negative factors.
Loaded with cash, Saudi oil powerhouse Aramco has embarked on a net-zero quest.